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MASNX vs. TMSRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MASNX and TMSRX is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

MASNX vs. TMSRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iMGP Alternative Strategies Fund (MASNX) and T. Rowe Price Multi-Strategy Total Return Fund (TMSRX). The values are adjusted to include any dividend payments, if applicable.

-6.00%-4.00%-2.00%0.00%2.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
1.89%
-5.36%
MASNX
TMSRX

Key characteristics

Sharpe Ratio

MASNX:

1.90

TMSRX:

-0.16

Sortino Ratio

MASNX:

2.77

TMSRX:

-0.13

Omega Ratio

MASNX:

1.41

TMSRX:

0.96

Calmar Ratio

MASNX:

1.15

TMSRX:

-0.12

Martin Ratio

MASNX:

6.83

TMSRX:

-0.85

Ulcer Index

MASNX:

0.97%

TMSRX:

1.27%

Daily Std Dev

MASNX:

3.49%

TMSRX:

6.82%

Max Drawdown

MASNX:

-14.31%

TMSRX:

-12.76%

Current Drawdown

MASNX:

-2.36%

TMSRX:

-8.62%

Returns By Period

In the year-to-date period, MASNX achieves a 6.23% return, which is significantly higher than TMSRX's -1.40% return.


MASNX

YTD

6.23%

1M

-0.19%

6M

1.97%

1Y

6.54%

5Y*

2.17%

10Y*

2.62%

TMSRX

YTD

-1.40%

1M

-5.56%

6M

-5.26%

1Y

-1.29%

5Y*

0.71%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MASNX vs. TMSRX - Expense Ratio Comparison

MASNX has a 1.61% expense ratio, which is higher than TMSRX's 1.19% expense ratio.


MASNX
iMGP Alternative Strategies Fund
Expense ratio chart for MASNX: current value at 1.61% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.61%
Expense ratio chart for TMSRX: current value at 1.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.19%

Risk-Adjusted Performance

MASNX vs. TMSRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iMGP Alternative Strategies Fund (MASNX) and T. Rowe Price Multi-Strategy Total Return Fund (TMSRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for MASNX, currently valued at 1.90, compared to the broader market-1.000.001.002.003.004.001.90-0.16
The chart of Sortino ratio for MASNX, currently valued at 2.77, compared to the broader market-2.000.002.004.006.008.0010.002.77-0.13
The chart of Omega ratio for MASNX, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.003.501.410.96
The chart of Calmar ratio for MASNX, currently valued at 1.15, compared to the broader market0.002.004.006.008.0010.0012.0014.001.15-0.12
The chart of Martin ratio for MASNX, currently valued at 6.83, compared to the broader market0.0020.0040.0060.006.83-0.85
MASNX
TMSRX

The current MASNX Sharpe Ratio is 1.90, which is higher than the TMSRX Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of MASNX and TMSRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.90
-0.16
MASNX
TMSRX

Dividends

MASNX vs. TMSRX - Dividend Comparison

MASNX's dividend yield for the trailing twelve months is around 3.42%, while TMSRX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
MASNX
iMGP Alternative Strategies Fund
3.42%3.49%3.69%3.00%2.84%2.54%2.99%2.06%2.30%2.75%2.44%2.23%
TMSRX
T. Rowe Price Multi-Strategy Total Return Fund
0.00%5.95%1.49%0.50%0.85%2.59%1.94%0.00%0.00%0.00%0.00%0.00%

Drawdowns

MASNX vs. TMSRX - Drawdown Comparison

The maximum MASNX drawdown since its inception was -14.31%, which is greater than TMSRX's maximum drawdown of -12.76%. Use the drawdown chart below to compare losses from any high point for MASNX and TMSRX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.36%
-8.62%
MASNX
TMSRX

Volatility

MASNX vs. TMSRX - Volatility Comparison

The current volatility for iMGP Alternative Strategies Fund (MASNX) is 0.89%, while T. Rowe Price Multi-Strategy Total Return Fund (TMSRX) has a volatility of 6.49%. This indicates that MASNX experiences smaller price fluctuations and is considered to be less risky than TMSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.89%
6.49%
MASNX
TMSRX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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